Payroll processing services for small business
May 24, 2015 6:14 am | by admin | Posted in
As a business owner, you know the importance of paying your employees accurately and on time. However, payroll is a time consuming task that stands to detract from the process of running the business. That’s where UF Tax and Accounting has the ability to step in and provide your company with first class payroll services. As a payroll specialist, we have the expertise to provide payroll processing services for small business in the Kitchener Waterloo, Ontario area at an affordable price.
Outsource Payroll Services
As a CPA firm, we are committed to helps our clients with all of their payroll service needs. When you make the decision to outsource your small business payroll processing, you have the right to expect accurate and timely payroll services from payroll calculation all the way through payroll accruals and tax filing. We understand the importance of these tasks and take them quite seriously.
Payroll Processing Services For Small Business We Provide:
As mentioned above, UF Tax and Accounting Services is prepared to handle the payroll process from beginning to end. We start with the calculation of payroll, including all relevant payroll taxes (CPP, EI, and Income Tax).
- Weekly,bi-weekly or monthly payroll calculation including deductions for CPP,EI,and Income Tax
- Accruals for holidys,vacations,and sick leaves
- Year end T4 slips and employers summary
From there, we will accumulate all necessary information needed to record journal entries for payroll liabilities and benefit accruals (vacation, sick pay, etc.). We are then ready to handle all your company’s payroll filing tasks. These tasks include government tax remittances, EHT filing, WSIB registration with monthly or quarterly reporting and year-end T4 filings with employer’s summary. To close out the process, we will provide you with a package of journal entries and payroll reports for each payroll period.
If you or your business are located in the Kitchener Waterloo or Cambridge, Ontario areas, you can contact us for a free consultation regarding your payroll processing needs. We are available by phone at (519) 954-3334 or by filling out our online contact form at www.uftaxandaccounting.ca.